Mortgage Industry Adapts to Rising Interest Rates The U.S. mortgage industry is adapting to rising interest rates, transforming lending strategies, and borrower behaviors. This article explores the implications for lenders and borrowers, offering insights into new trends and strategies.

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Mortgage Rates Hold Steady Again, But for How Long?

Saturday, Feb 13 2021
Lending
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After rebounding somewhat to start the year, mortgage rates have settled into a narrow range in the past few weeks, raising uncertainty about whether they could go even lower. So reports MarketWatch.

According to Freddie Mac, the average on a 30-year fixed-rate mortgage for the week ending February 11 was 2.73%, the same level as in the prior two weeks.

Zillow economist Matthew Speakman cited the offsetting influences of uninspiring jobs data and a mild inflation report.

Read the full article from MarketWatch.

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